(AFTM.AS) Technical Analysis
AMS:AFTM
Current stock price
AFTM.AS Technical Rating and Analysis
Taking everything into account, AFTM scores 4 out of 10 in our technical rating. Although AFTM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Warning: AFTM has an average volume of 5778 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, AFTM did better than 80% of all other stocks. However, we also see that AFTM couldn't keep up this performance in the last couple of months.
- AFTM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AFTM is lagging the market slightly.
- In the last month AFTM has a been trading in the 6.28 - 13.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
AFTM.AS Weekly and Daily overview Charts
AFTM.AS Setup Rating and Analysis
AFTM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
AFTM.AS Support and Resistance Analysis
6.44
2 important support areas can be observed.
- Support @7.05 from a trend line in the weekly time frame.
- Support @6.50 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.24 from a trend line in the daily time frame.
AFTM.AS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AFTM.AS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFTM.AS is neutral. |
| ChartMill Relative Strength | 80.49 | POSITIVE | AFTM.AS has a high relative strength, it outperformed 80.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AFTM.AS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFTM.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AFTM.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.94 | NEUTRAL | The RSI value for AFTM.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests AFTM.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.24 | NEUTRAL | The Stochastics value for AFTM.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 13.45 | HIGH VOLATILITY | The high ATR as a percentage value for AFTM.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.77 | NEGATIVE | The low ADX value for AFTM.AS suggests a weak or negative trend. |
AFTM.AS Chart- and CandleStick Pattern Analysis
AFTM.AS Technicals: Chart, Performance Metrics, Trend & Indicators
/ AFTM.AS TA FAQ
What is the technical rating for AFTM stock?
ChartMill assigns a technical rating of 4 / 10 to AFTM.AS.
What is the trend direction for AFTM stock?
The current trend direction for (AFTM.AS) is Bearish.
What is the RSI signal for (AFTM.AS) stock?
(AFTM.AS) has an RSI value of 46.9369. This indicates that the stock is currently neutral.
What is the short term momentum for (AFTM.AS) stock?
The short term momentum for (AFTM.AS) is neutral.
What are the support and resistance levels for (AFTM.AS) stock?
(AFTM.AS) has a support level at 7.05 and a resistance level at 12.24. Check the full technical report for our detailed analysis of AFTM.AS support and resistance levels.